You want to innovate and you’d like to invest buying a new state-of-the-art equipment for your clinic?
As an healthcare professional, patients’s satisfaction is your first top priority. Either through your know-hows or professionalism, it’s also very important to provide them modernity with a state-of-the-art equipment.
These days, advanced technologies won’t stop evolving, it’s fair that you want to acquire the last technology. Before buying, it’s important that you measure your needs for your clinic productivity and ask yourself questions, to choose the right financement for it.
Return on investment analysis
Before buying, take a step back on your investment and analyze your clinic needs, your budget and the productivity level you’d like to reach. After studying it, you are sure that the equipment wanted will grow your clinic productivity, go for it!
Patient benefits
Having state-of-the-art equipment will allow you to provide high quality treatments to your patients, beneficial for your clinic’s image.
New or used equipment
Before buying, it’s important to compare used and new equipment and analyze which ome will fit more your needs. Is it an equipment quickly obsolete? Do you really need the lastest state-of-the-art features? Do you want included warranties or customer service? If you just acquired you practice, a cheapest and alternative way will be to buy refurbished equipment.
Hidden costs
During your transaction, be aware of the hidden costs as transportation fees, customs, installation, training, fitting out, electricity which could raise your final invoice.
What financement : buying? Lease? Loan?
You have enough money on your bank account to acquire the equipment and you’d like to buy it cash money? Think about it twice before doing that because you could be out of money in case of an eventual activity decline or not being able to deal with others businesses occasions because you won’t have enough money. With a lease, you will be able to invest while keeping your money for other investments and lower your taxes. Read our article about this topic: « Financing your new equipment: lease vs loan ».